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Bandar Industries manufactures sporting equipment. One of the company's products is a football helmet...

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Question

Accounting

Bandar Industries manufactures sporting equipment. One of the company's products is a football
helmet that requires special plastic. During the quarter ending June 30, the company manufactured
3,900 helmets, using 2,769 kilograms of plastic. The plastic cost the company $23,813.
According to the standard cost card, each helmet should require 0.62 kilograms of plastic, at a cost
of $9.00 per kilogram.
Required:
What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,900 helmets?
What is the standard materials cost allowed (SQSP) to make 3,900 helmets?
What is the materials spending variance?
What is the materials price variance and the materials quantity variance?
Note: For requirements 3 and 4, indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts
as positive values. Do not round intermediate calculations.
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